Skip to main content
Filing year 2023

Housing Alternatives Development Company

Deephaven, Minnesota·EIN 41-1670818·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$9.2M
Total assets
$22.5M
Total expenses
$7M
Reported officers
7
Mission

Housing Alternatives Development Company (HADC) and its affiliates, through the acquisition, construction, rehabilitation, and operation of a variety of rental housing will strive to:Continued on Schedule O...

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Ceo/president
Above 90th percentilevs Housing & Shelter peers in Minnesota
$378k
$413k
Base
$309k
Bonus
$38k
Other
$4k
Benefits
$28k
Administration/hr
Highest Compensated Employee
75th to 90th percentile
$189k
$206k
Base
$156k
Bonus
$26k
Other
$2k
Benefits
$1k
Clinical Nurse Supervisor
Highest Compensated Employee
25th percentile to median
$119k
$130k
Assisted Living Director
Highest Compensated Employee
25th percentile to median
$112k
$122k
Treasurer
Officer (Unspecified)
$12k
$13k
Chairman
Board Chair
25th percentile to median
$12k
$13k
Secretary
Officer (Unspecified)
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Housing Alternatives Development Company equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2022

From $326k in 2022 to $378k in 2023.

$326k
2022
$378k
2023
In today's dollarsEst.
Up 13% in real terms$365k to $413k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 16% from 2022 to 2023, while revenue rose 47%.

$326k in 2022 to $378k in 2023.
  • Highest Compensated Employee pay rose 16% from 2022 to 2023.
  • Board Chair pay rose 33% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Housing Alternatives Development Company

What does the Chief Executive Officer of Housing Alternatives Development Company earn?

In 2023, the Chief Executive Officer of Housing Alternatives Development Company received $377,798 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Housing Alternatives Development Company compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2023 pay of the Chief Executive Officer at Housing Alternatives Development Company falls in the top 10%. In 2023, the highest total compensation at Housing Alternatives Development Company equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Housing Alternatives Development Company's revenue and expenses?

In 2023, Housing Alternatives Development Company reported $9.2M in total revenue and $7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.